AUCTION: Disposal of Public Assets by Federal Government Organization

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. The Federal Government Organization (FGO) invites electronic bids for the disposal of public assets through an open auction process. This e-auction is conducted via the EPADS v2.0 platform, allowing interested firms, companies, individual consultants, sole proprietorships, and private limited companies to participate online. The disposal is on an as-is-where-is basis, ensuring transparency and competitive bidding. Items being auctioned include various public assets as per the Disposal of Public Assets Regulations-2024. Specific details and terms are available on the EPADS v2.0 portal at https://vendors.epads.gov.pk/. Bidders must be registered with the Federal Board of Revenue (FBR) for Income Tax and Sales Tax and be on the Active Taxpayer List. PEC registration may be required if the disposal involves civil, electrical, or mechanical works. The auction will remain open until Tuesday, October 20, 2026, at 11:00 AM, with evaluation starting at 11:30 AM the same day. Bidders can increase their offers multiple times until the closing time. The highest offer will be automatically selected by the EPADS v2.0 system. Interested bidders should ensure compliance with all registration and documentation requirements. The auction process is fully electronic, and manual bids will not be accepted. A practical tip for bidders is to familiarize themselves thoroughly with the EPADS v2.0 platform and ensure timely submission of bids to avoid last-minute technical issues. Monitoring the auction closely during the bidding window can provide opportunities to improve offers and secure the assets. Contact details for further information are provided below.